Thailand’s SET Index closed at 1,321.42 points, decreased 4.20 points or 0.32%, with a trading value of THB 43.54 billion. The analyst stated that the Thai market declined in tandem with the Asian markets, following concerns about the monetary policies of the U.S. after the nomination of the new Fed chair.
Additionally, pressures also arose from the selloff of DELTA, albeit an offset from buying forces in the ICT and tourism sectors, as well as PTT.
The analyst expects the Thai market to rebound tomorrow.
The European Union is intensifying efforts to finalize free trade agreements across the Asia-Pacific, targeting new accords with Malaysia, Thailand, the Philippines, and Australia. This strategy follows on the heels of a landmark trade pact recently signed with India, encompassing a significant portion of global economic activity.
Singapore plans to inaugurate its National Space Agency (NSAS) on April 1, aiming to expand its space sector capabilities amid a global surge in space-related investment. The launch, overseen by the Ministry of Trade and Industry, signals Singapore’s intent to enhance its role in a market marked by record worldwide funding.
Crude oil prices recorded a sharp drop on Monday after U.S. President Donald Trump indicated over the weekend that Iran was in discussions with Washington. The shift comes after oil had surged to multi-month highs amid concerns about a potential conflict involving an OPEC member.
